Compensation and Wage and Salary Administration

We help organizations develop a compensation strategy to enable them to design pay and reward systems to help them achieve their organizational objectives. 
Examples of these services include:

• Salary administration – including establishing policies and procedures, review current jobs for market competitiveness, assistance in preparing salary increase budgets, monitoring and maintaining the salary structure, maintaining internal equity and external competitiveness, and ensuring salary administration program complies with applicable laws.
  
  
• Review and analysis of base pay, variable pay, equity and retirement income
  
  
• Benchmark analyses to identify and organization’s competitive positioning in the marketplace
  
  
• Performance management programs – including development of a compensation philosophy, tying merit increases to performance ratings, performance appraisal tools to assist in rating performance,  and goal setting processes
  
  
• Compensation agreements
  
  
• Sales and executive compensation reward systems